$ANTHROPIC Everyone, don't buy the dip. Although the total supply is 18 billion, Binance split it at a ratio of 1:13, so most likely [the current price is equivalent to 100, far higher than 78]
So it's actually more likely to fall; going short makes more sense.
$INIT Impressive, the big players' long-short ratio is down to 0.9! Looks like we've attracted a big fish, huh? I added a little to my position. Let's squeeze them—10x!
Take a close look at the image above! What does that mean? Because the total number of shares is 16.9 billion, if the IPO valuation is 1.5 trillion, the price per share would be around 88. But Binance doesn't account for the total share count split; it may be using a split figure somewhere between 12.8 and 16.9 billion. If the shares are split into 12.8 billion shares, the number of shares would increase 12.8-fold, and the price would adjust accordingly [while the value of your holdings stays the same]. So the price would drop!!!! That's also why the price on HYPE is 1,600 while Binance's is 1,350. Why is the price on OK just a little higher than Binance's? Because it doesn't include the IPO shares. Now it all makes sense.
Anthropic Binance price: 1430; HYPE price: 1660. Why is the difference so large?
Binance price: 1430; HYPE price: 1660 Why is the difference so large? Because Binance has 1 billion tokens, while HYPE's total market cap is simply 1660 × 1 billion. If the IPO is valued at 1.5 trillion, then a 10% HYPE premium seems reasonable. Binance is completely different, though. Because the total supply is uncertain—it could be 12.8 billion or 16.9 billion, or some number in between. So we don't know how many shares it would be split into. Binance customer support replied: The following are “not yet considered common shares, and are therefore not included”: · Unexercised options · Unvested restricted stock units (RSUs) · Convertible securities that have not yet been converted into common shares
Hey, I've been asking AI and researching this for two days, and I'm still not sure whether Binance will split Anthropic at a ratio of 1:12.8 or 1:16.9. Does anyone know? $ANTHROPIC They also say it doesn't count as a convertible bond, and that the split will preserve the same rights. The main issue is that the total number of U.S. shares hasn't been announced, so that's still uncertain too.
$ANTHROPIC Can we go long now? I think so: The reason is that the valuation is around 1.45 trillion. This is the most authoritative website. Nasdaq Private Market (NPM) was founded by Nasdaq and is an independent company spun off from Nasdaq.
A lot of people are saying it will fall to 1 trillion, but the thing is, OpenAI's valuation in its funding round a few days ago was 1.25 trillion. Anthropic must be worth more than OpenAI, right? So it can't be valued at less than 1.25 trillion. Don't listen to those people talking nonsense.
Bought a large position in $ANTHROPIC at a price of 1342
Its market cap will definitely exceed OpenAI's There isn't much room to fall further I think it will still IPO at a normal market cap of 1.5 trillion, plus some fees So 1550 is a reasonable price And futures usually trade at a slight premium So futures should reasonably be around 1600–1700 I really don't understand why it has fallen to 1300 There's not much room below, so how much further can it fall? After all, it's number one globally; ChatGPT can only rank second
OpenAI completes part of its $11 billion funding round, reaching a valuation of $1.25 trillion